Indian economy
Adani Ports to invest Rs 75,000 crore to double cargo handling capacity by 2030
Adani Ports and SEZ will invest Rs 75,000 crore by FY29 to expand its port, logistics, and technology network, targeting one billion tonnes...
UltraTech Cement Approves Rs 10,255 Crore Expansion to Boost Production Capacity by 22.8 MTPA
UltraTech Cement has approved a Rs 10,255 crore investment to expand its production capacity by 22.8 MTPA, reaching 240.76 MTPA by FY28 through...
UltraTech Cement Q2 Profit Surges 75% to Rs 1,232 Crore; Approves Rs 10,255 Crore Expansion Plan
UltraTech Cement’s Q2 profit surged 75% to Rs 1,232 crore with revenue up 20%. The company approved a Rs 10,255 crore expansion plan...
India’s Small Steelmakers Cut Production as Weak Demand and Monsoon Slowdown Hit Construction Sector
India’s small steel producers have cut output by nearly one third amid weak demand, falling prices, and monsoon disruptions, despite government tax cuts...
India’s Steel Demand to Rise 9% Annually in 2025 and 2026: World Steel Association
India’s steel demand is projected to surge by 9% in both 2025 and 2026, supported by strong infrastructure and housing growth, according to...
Tata Steel India’s Crude Steel Output Rises 7% to 5.67 Million Tonnes in Q2FY26
Tata Steel’s crude steel output in India rose 7% year-on-year to 5.67 million tonnes in Q2FY26, driven by the Jamshedpur furnace relining and...
Gadkari Announces New Bill to Strengthen India’s Construction Equipment Industry
Nitin Gadkari announced a new Bill to strengthen India’s construction equipment industry by promoting local manufacturing, curbing Chinese imports, and supporting clean fuel...
UCCIL Warns 30% Export Duty on Low-Grade Iron Ore Could Hit Industry and State Revenues
UCCIL warns that the 30% export duty on low-grade iron ore could reduce production, hurt domestic prices, and cost mining states over ₹16,200...
SAIL Hikes FY26 Capex to ₹7,500 Cr to Fast-Track Expansion Towards 2030 Goal
In line with accelerating its steel production capacity to 35 million tonnes per annum (MTPA) by 2030, SAIL raises its capital expenditure allocation...
Asian Paints Braces for Sluggish Growth Amid Weak Demand, Monsoon Impact
Asian Paints, India’s largest paint manufacturer, has cautioned about muted near-term growth due to subdued demand and challenging market conditions. CEO Amit Syngle,...
